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Showing 121 - 130 of 173 results for "Greenwashing 2.0"

Government to fund sustainable finance taxonomy development

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023  |  NEWS
Treasurer Jim Chalmers has announced that the government will co-fund the initial development phase of an Australian Sustainable Finance Taxonomy, in partnership with the Australian Sustainable Finance Institute (ASFI). ASFI is the organising body working ...

Sustainability is facing a data crisis: new research

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
Inadequate data, fear of greenwashing and economic pressures is stalling progress on sustainability, according to a new study from Google Cloud. The study, conducted by The Harris Poll, found that greater accountability, better measurement and management ...

South Korea leads with ESG fund disclosure taskforce and anti-greenwash laws

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
South Korean markets watchdog the Financial Supervisory Service (FSS), has announced a taskforce to develop ESG fund disclosure standards. The framework will cover investment strategy and targets, relevance to ESG, manager capabilities and performance ...

RIAA hires head of certification

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
The Responsible Investment Association Australasia (RIAA) has recruited its new head of certification from the B Corp movement. Shalini Samuel joins RIAA as head of certification. She comes to the industry body from B Lab AANZ, where she was director ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
What do sail-boat cargo ships, robots that can clean and repair boat hulls underwater, and floating photovoltaics with seaweed dangling underneath have in common? They represent just some of the many projects that could form a portfolio approach to ...

New Zealand regulator warns Vanguard for disclosure failure

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
New Zealand's market watchdog has pulled up Vanguard Investments for failing to officially inform them that ASIC had issued infringement notices relating to instances of greenwashing. The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - ...

ACCC investigating greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
The Australian Competition and Consumer Commission (ACCC) is investigating businesses over greenwashing claims, after an internet sweep determined that 57% of targeted businesses made "concerning" claims about environmental or sustainability practices. ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
The court case against Mercer superannuation for allegations of greenwashing is "just one of the investigations we have on foot," ASIC chair Joe Longo said. "We will do what we need to do to make sure entities are not misleading the market" on greenwashing  ...

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
Mercer Super Trust is the first entity in Australia to face legal action for alleged greenwashing conduct. ASIC has launched court action against Mercer Superannuation (Australia), the trustee of the Mercer Super Trust, for allegedly making misleading ...

Climate change to shape economy long-term: Forum

RACHEL ALEMBAKIS  |  THURSDAY, 16 FEB 2023  |  NEWS
The "existential crisis" of climate change, equality and equity of workforce participation in the economy and the aging population are all issues that will affect the budget, markets, and the shape of Australia's economy. Speaking at the Financial ...